IGT Executes Long-Term Contract With Connecticut Lottery To Launch iLottery System, Mobile App And eDraw Games
Portfolio Pulse from Happy Mohamed
International Game Technology (IGT) has signed an eight-year contract with the Connecticut Lottery Corporation (CLC) to deploy its iLottery gaming system, mobile app, and eDraw games. The contract runs through May 2031 and includes four years of possible extension options. The iLottery system is expected to launch in late fall 2023.
May 31, 2023 | 8:36 pm
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IGT signs an eight-year contract with the Connecticut Lottery Corporation to deploy its iLottery gaming system, mobile app, and eDraw games, with a launch expected in late fall 2023.
The eight-year contract with the Connecticut Lottery Corporation is a significant deal for IGT, as it expands their presence in the lottery market and introduces new digital solutions. The contract also includes four years of possible extension options, which could further benefit IGT. The launch of the iLottery system in late fall 2023 is expected to have a positive impact on IGT's revenues and growth.
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